Profit with Phoenix as on 29/09/2009

Dear All,

Market expected to open positive today due to the supports of the Global markets. Nifty shows a gud strength at these levels such as 4923/4957, i hope to have a positive ralley till 5073/5099 levels. We may sure witness a fall shortly after nifty(Fut) touching these levels. Clients may start booking ur positions here. I hope nifty may fall till 4600/4400 levels. Today market may open positive but hope it falls gradually by the closing of market hours. Lets wait to watch the game on Nifty.

Note: This level where Nifty sustains @ 4897 & Sensex @ 16400 are more crutial, we may sure see a fall from these levels which may be termed as Profit booking levels. I may insist my blog followers to start booking up profits @ these levels on a safe side. Long position traders on Nifty and Stocks may keep 4773 as ur SL.

Todays Nifty(Fut) trading levels:

Base: 4987
Res: 4982/4998/5008/5019
Mid Res: 4985/4990/5003/5013
Supp: 4972/4976/4966/4955
Mid Supp: 4979/4974/4971/4960

Todays Bank Nifty trading levels:

Base: 8512
Res: 8513/8560/8608/8656
Mid Res: 8513/8537/8584/8632
Supp: 8465/8464/8416/8368
Mid Supp: 8489/8465/8440/8392

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

ALL MY MARKET INFORMATIONS & CALLS ARE FREE OF COST THAT U RECEIVE THROUGH BLOG. U MAY REFFER PEOPLES TO ENJOY IT.

Have a Happy Trade.......